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Re: kel3 post# 25574

Friday, 05/30/2014 2:57:58 PM

Friday, May 30, 2014 2:57:58 PM

Post# of 30377
Thanks, Kelly. And here's the 1-year chart which shows even more dramatically how spectacular the situation is for ethanol producers this year after coming off that "epic" drought of 2012 and its impact on corn prices well into 2013.

Just imagine how wide the spread will be if Gartman's and USDA's projection of sub-$4 corn occurs later this year, and export demand for ethanol keeps going up and up, just on Brazil, Canada and Mexico demand, not to even mention CHINA. smile

http://www.barchart.com/chart.php?sym=ZKN14&style=technical&template=&p=DO&d=X&sd=&ed=&size=M&log=0&t=BAR&v=2&g=1&pct=1&evnt=1&late=1&o1=ZCN14&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=#jump
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